Solar Panel Cost Guide in Pine Bluff, AR (2024 Update)
- Pine Bluff Solar Installation Cost: $20,303
- 25-Year Savings: $23,920
- Payback Period: 13.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Pine Bluff
Find out what the average cost of solar panel installation is in Pine Bluff.
The national average cost of solar panels is $2.66 per watt, but in Pine Bluff it’s 3 per watt.To cover the typical energy usage of the average home in Pine Bluff, most homeowners require a 8.3-kilowatt system. Using the figure above, a solar installation costs about $20,303, or $29,033 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy needs, the type of solar system you want to get, your solar contractor and more.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Pine Bluff can save about $18,000 on their power bills over 20 years.
Click the button below to get connected to a top solar company in Pine Bluff for a custom quote.
Solar savings over time in Pine Bluff
| Year | Return on Investment |
|---|---|
| 1 years | $-18,846 |
| 3 years | $-15,934 |
| 5 years | $-13,022 |
| 7 years | $-10,110 |
| 9 years | $-7,198 |
| 11 years | $-4,286 |
| 13 years | $-1,374 |
| 15 years | $1,538 |
| 17 years | $4,450 |
| 19 years | $7,363 |
| 21 years | $10,275 |
| 23 years | $13,187 |
| 25 years | $16,099 |
Top Solar Installers in Pine Bluff
Installing solar panels yourself can be a challenging project, which is why getting a solar installer is a good option for many homeowners. Some solar companies, especially local ones, can help you take advantage of incentives in Pine Bluff, therefore optimizing your ROI.
If you're looking for a solar company in Pine Bluff, the EcoWatch team has compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Pine Bluff
Factors that Affect Solar Panel Costs in Pine Bluff
For many Pine Bluff homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Pine Bluff, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $3,490 per kilowatt in Pine Bluff.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Pine Bluff, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can play a part in determining the cost. Pine Bluff’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Pine Bluff have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.63 | $15,244 | $12,694 | 13.6 years |
| 8 kW | $3.56 | $19,935 | $17,316 | 13.4 years |
| 10 kW | $3.49 | $24,430 | $22,133 | 13.1 years |
| 12 kW | $3.42 | $28,730 | $27,146 | 12.9 years |
| 14 kW | $3.35 | $32,834 | $32,354 | 12.6 years |
| 16 kW | $3.28 | $36,743 | $37,758 | 12.3 years |
| 18 kW | $3.21 | $40,456 | $43,357 | 12.1 years |
| 20 kW | $3.14 | $43,974 | $49,152 | 11.8 years |
How to Save on Solar Panels
The solar company you go with will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: The brand of solar panel you need to get plays a part in which company you should opt for, since different companies offer different panels.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Pine Bluff, AR Solar Cost FAQs
How much does it cost to install solar panels in Pine Bluff?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $17,450 for a 5-kW system and $34,900 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Pine Bluff?
Solar panels aren’t free in Pine Bluff, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pine Bluff is currently $78,677, which means you can look forward to a value of about $3,226 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Pine Bluff is a rewarding investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.